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    政大機構典藏 > 商學院 > 財務管理學系 > 期刊論文 >  Item 140.119/117776
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/117776


    Title: The Wealth Effect of Japanese-U.S. Strategic Alliances
    Authors: Chang, Shao-Chi
    陳聖賢
    Chen, Sheng-Syan
    Lai, Rong-Her
    Contributors: 財管系
    Date: 2008
    Issue Date: 2018-06-15 11:56:09 (UTC+8)
    Abstract: We investigate the wealth impact for Japanese and US firms that announce nonequity strategic alliances. We find that on average, both Japanese and US shareholders benefit from the formation of international alliances. We also find that shareholders earn larger abnormal returns in these alliances when the partnering firms are relatively small in size, have higher growth opportunities, or are less profitable. We show that both Japanese and US partnering firms display significant improvements in operating performance over the three-year period subsequent to the formation of international alliances.
    Relation: Financial Management, Vol.37, No.2, pp.271-301
    Data Type: article
    DOI 連結: https://doi.org/10.1111/j.1755-053X.2008.00013.x
    DOI: 10.1111/j.1755-053X.2008.00013.x
    Appears in Collections:[財務管理學系] 期刊論文

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